14 reviews of Finexo are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
I choose FINEXO because they trade oil and Ruble.
Folks, BEWARE of Finexo !!
Their MT4 front/servers are tuned for neverending series of re-quotes. After serie of 7 re-quotes trading opportunities is vanished.
Real horror is withdrawing money from own account.
This is simple trickery company. They lied on own web about: "3 days for approval and same day we sent out money" - this is lie.
I recommended: after second/thirs excuses about "wait another XX days" immediately report complaint to Cyprus SEC (CySEC).
Be careful about finexo.com,markets.com and forexwebtrader.
Do you know why this company has three internet websites?
since it is a wellknown scam, they open new websites to defraud some new clients.
It has been a long time that I am waiting for my money,but they neither give back my money nor reply my emails.
Be careful about this big scam.
Posters above have mentioned the painful withdrawal period and they are not underestimating it.
All in all it took me well over a month of going in circles with them to get my money out , all this was met with excuse upon excuse.
One time they even said to me 'we have no interest in keeping your funds here'
To which I replied ' well you seem to be doing a good job of it'
Finally I got fed up to the back teeth of the constant running around and promised I would report them to CYSEC if funds were not in my account within 3 days with a confirm.
Amazingly that done the trick , I suggest others who are having this issue also go down this route.
Finexo is the SCAM company. They will easily deposit YOUR money on an account without sending ANY document. When you submit a request to withrdraw YOUR money it is almost impossible to get money back. I have been waiting without any results for 20 days. Still don't have any money on my PayPal account (they say that that method will take ONE day). SCAMMERS
The first time I opened an Mt4 account with them, I was able to place entry orders. After that first experience, it was " Entry orders must be 15pips from the market order". They have outrageous spreads. Eur/Usd is 3pips but only with market orders; entry orders will be actually 18pips! They seem to be understaff which may be the reason why they often ignore people when chatting with them. Ask them a straight forward question, they'll surely ignore you. On the other hand, if you like free signals on technical trading,they are the place to go.
I have been making trade position in Forex since two and half years, I have started my investment in currency pair exchange market through Finexo.
Finexo is one of the leading names in the list of online forex brokers and this I can say from my own experience with Finexo and it is their friendly service that made me to stay connected with them for such a long time.
The best service that I like most about Finexo is the user-friendly environment to learn trades with their excellent service of Forex demo, easy registration procedure and the different paypal methods to ensure easy transaction.
When I have entered in to the forex trading platform I don’t know even the terms of the trading rules and regulation are the big deal.
Yet, I have learnt about all the basic terms and conditions of the forex trading from the excellent learn forex tutorials managed by the experienced professional guided me to learn about the complexities of the trading.
Gradually, I have joined the Forex demo where the online forex brokers provide facility to trade in the environment which is same like the live trading environment.
I haven’t undergone any troubles regarding the deposit and withdrawal mechanism to transact my trades and also the live chat facility made it very easy for me to sort out all my queries and problems within short span of time.
Whenever I am busy in some other tasks they have constantly keep me updated with the recent trends of the market as an added feature that gives update services to their regular customers and many times it happened that I have made my trade deals via mobile through their interesting service of Forex mobile trading.
The most important aspect of trading for which most of the experienced traders look for in any online forex broker offers includes the leverage and margin limit offered by any Forex broker is of utmost important and why not it is the matter of our investment and who wants to loose their money.
I hadn’t need to think about this matter much because of my selection of broker and fortunately in the beginning only I have found good start that keep me free from such concerns and take full care that i should not lost my returns and profits on my investments and they have provided pretty good leverage of around 200:1 with the admirable marginal support to transact my deals accurately.
The plus point that I have found in my trading experience with Finexo is their honest and reliable trade services provision.
I am involved in Forex trading since two years and I have started my trading through Finexo, luckily my selection haven’t crashed my expectation that most of the traders have from their online forex brokers and this is the reason I always like to share my experience with Finexo.
Finexo provides a very good learning and real trading platform with 24x7 hour expert support and assistance. Yes, in the beginning I found it little difficult to carry my trades but no worries as all my troubles have been sorted out gradually with the Learn Forex facility provided by the Finexo an aid to learn about the forex through expert tutorials.
Finexo provides reliable trading information and keep the traders update with the Forex analysis repots and the economic calendar highlights the major fluctuation in the currency pair exchange deals as well.
Underlying features of Finexo give it a unique recognition in the big list of online brokers like wide range of payment modes, simple and easy registration, mobile trading is the feature that I like most because this helps me to transact my deals from any location whether I am busy in other tasks if I come to know that the trends are in favor of my trades then I just complete the deal through mobile trading facility.
Now, Finexo has come over with new and fresh trading services like btrader.com and I have gone through it as I am having their regular services of trades, it is really good and have added some more dimensions like FX live account, FX metatrader account and the deals are carried out through liberty reserves that is additional feature.
Gradually, Finexo had came over with flying colors of success with variant dimensions and day to day the Finexo professional management team are constantly putting their efforts to make it the first choice of traders.
Best forex broker i have ever used, great support and easy to use
Finexo had some problems in recent months, mostly related to the launch of their new web platform, but the service never was horrible. The new platform is amazingly fast and easy to use. It offers more currency pair options, decent spreads and some cool trading options. I personally never had a problem withdrawing money from them, although my credit card company did give me problems once and so now I just use a bank transfer. I have never had any customer service issues, in fact the few times I have called them they were pleasant and helpful. Good company, great platform.
This is the real one SCAMMER! On 20 Oct 2009, I have made a withdrawal request but until now I haven't received my fund back to my paypal account. They said it will take 7 business days to process the withdrawal, but apparently it is now more than two weeks. SUCKS!!! It seems that money go into their pocket will never ever go out anymore!! I'm now planning to do a scam report about them at www.forespeacearmy.com
Please, please, please do not open account with them. For Godsake, you have been warned!!
The worse custumer service I ever had. The live chat takes hours to assist you. There are a lot of plataforms a lot better than Finexo, for example etoro. The plataform is awful too, very unstable as somebody say before. Just a simple task like send me another password is imposible. The website just say:
"We regret not being able to create a new password.Please try again later."
Is incredible, I would move my money to another forex company.
Finexo are wonderful!!! Just cant stop appreciating their excellent service. They call you and discuss vital fx market activities, provide you with excellent trading signals and encourage you to join the "FX Profit Making Club". Hurry and sign-up with Finexe for a wonderful customer service support and trading experience.
One thing I like is fast service & they even call you to chat. But they use free VOIP - From Germany. Like their 1-button trade confirmation.
However, the webtrading page on JAVA platform is very unstable & always having problem showing the chart. Very very slow even on broadband - don't know if my connection is really bad or their server is slow. But I lost several pips from slow confirmation. Also the small graph visual at the bottom always very hard to load. Same with IE or Netscape.
Horrible Customer service.
be aware!!! I would rather take my money to a different forex company. their customer service agents are not professional at all. I had to address my issue with Chloe, and she ignored me for quiet a while and when she came back she told me that she was Busy???!!!! What an answer....I had a problem with a paypal deposit. Their web site mentioned that the trade is instant and no restrictions were written under the paypal deposit. the restrictions concern only libertreserve. Anyway after all this, I ended up my chat session with the called Chloe because she was literally ignoring me and thinking I was crazy. I sent a copy of the chat to myself for a proof.